Electrovaya Inc. (ELVA) Stock Price, Financials & Summary | drillr

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Price chart

Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4

ValuationView details →

P/E (Fwd)

28.2x

EV/EBITDA

52.0x

Market Cap

$341.60M

MomentumView details →

1D Return

+2.30%

YTD Return

−12.93%

RSI (14)

43.1

ValuationView details →

P/E (Fwd)

28.2x

EV/EBITDA

52.0x

Market Cap

$341.60M

RSI (14)

43.1

MomentumView details →

1D Return

+2.30%

YTD Return

−12.93%

SummaryUpdated Jun 1, 2026

Electrovaya Inc. (NASDAQ:ELVA) is a Canadian lithium-ion battery manufacturer founded in 1996 and headquartered in Mississauga, Ontario. Originally incorporated as Electrofuel Inc., the company changed its name to Electrovaya in March 2002 and went public in 2010. The company has evolved from a research-focused battery technology developer into a commercial manufacturer specializing in advanced lithium-ion battery systems for industrial applications. Electrovaya has experienced significant growth in recent years, with revenues increasing from $15.6 million in fiscal 2022 to $44.6 million in fiscal 2024, while achieving consistent profitability improvements and securing major financing for U.S. manufacturing expansion.

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ProfitabilityView details →

Gross Margin

31.44%

Net Margin

6.19%

EBITDA Margin

10.03%

ROE (TTM)

6.53%

ROA (TTM)

3.70%

Asset Turnover

0.63x

GrowthView details →

Revenue YoY

+29.15%

EPS YoY

+292.06%

FCF YoY

—

Revenue CAGR 3Y

+59.66%

EPS CAGR 3Y

+297.71%

EBITDA YoY

+35.09%

EarningsView details →

EPS (Actual)

$0.01

EPS Surprise

−66.67%

Beats (12Q)

7/12

Next Q EPS Est

$0.05

Avg Surprise (4Q)

38.33%

Rev Surprise

−17.38%

Capital & dividendView details →

Debt/Equity

0.61x

Current Ratio

7.53x

Quick Ratio

5.72x

Div Yield

—

Div Rate

—

Div Growth 1Y

—

Financials snapshotView financials →

Revenue (TTM)

70.87M

Net Income (TTM)

4.39M

Op. CF (TTM)

−8.88M

Next earningsDec 9, 2026 →

Latest newsMore news →

Electrovaya and Amazon entered into a new commercial agreement with an associated warrant transaction, expanding their existing relationship and establishing a framework for broader collaboration.7d ago

Electrovaya presented at the 17th Annual Midwest IDEAS Conference, outlining its expansion beyond forklift batteries into data centers, robotics, airport equipment, and defense, with commercial production at its Jamestown, New York facility expected in 2027.9d ago

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Latest newsMore news →

Electrovaya and Amazon entered into a new commercial agreement with an associated warrant transaction, expanding their existing relationship and establishing a framework for broader collaboration.7d ago Electrovaya presented at the 17th Annual Midwest IDEAS Conference, outlining its expansion beyond forklift batteries into data centers, robotics, airport equipment, and defense, with commercial production at its Jamestown, New York facility expected in 2027.9d ago Electrovaya commenced Factory Acceptance Testing of its automated lithium-ion cell assembly and formation equipment at the equipment manufacturing site for its Jamestown cell manufacturing facility.11d ago